The global enterprise information archiving market size reached USD 6.40 Billion in 2022 and is expected to register a revenue CAGR of 14.7% during the forecast period, according to the latest analysis by Emergen Research. Increasing data volumes of enterprises is a major factor driving revenue growth of the market. The massive volume of company information generated from emails, instant messaging, and other sources is providing severe issues for enterprises, driving demand for enterprise information archiving solutions. In addition, increasing dependency on Internet of Things (IoT)-enabled devices and significant investments in Information Technology (IT) infrastructure are other major factors driving revenue growth of the market. The installation of IoT devices enables industry professionals to extrapolate necessary information and utilize them in smarter business decisions. However, incorporation of IoT-enabled devices necessitates extra storage capacity. This creates high demand for enterprise information archiving solutions, which provide businesses with the capacity to capture data from all platforms and devices as well as rapidly and securely preserve data.
The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.
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Competitive Outlook: The leading companies operating in the Enterprise Information Archiving market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Enterprise Information Archiving Market and Profiled in the Report are:
Microsoft Corporation, Hewlett Packard Enterprise Development LP, Barracuda Networks, Inc., The International Business Machines Corporation (IBM), Google LLC, Dell Inc., Veritas Technologies LLC, Smarsh Inc., Mimecast Services Limited, and Micro Focus
Objectives of the Report:
Study of the global Enterprise Information Archiving market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Enterprise Information Archiving market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Enterprise Information Archiving market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Enterprise Information Archiving market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
Type Outlook (Revenue, USD Billion; 2019-2032)
- Content Type
- Services
Deployment Mode Outlook (Revenue, USD Billion; 2019-2032)
- On-Premises
- Cloud
Vertical Outlook (Revenue, USD Billion; 2019-2032)
- Government and Defense
- Banking and Financial Services
- Retail and Ecommerce
- Other Verticals
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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